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Kensington Company

NYC Commercial HVAC Company In New York City For Sale

New York City, New York, US
Asking Price:
$4,000,000 Furniture / Fixtures included
Sales Revenue:
$2,300,000
Cash Flow:
$1,100,000

This well-established and highly respected commercial HVAC service provider generates approximately $2.3M in annual revenue with extremely high margins.

The current owner is able to enjoy an incredible quality of life while performing his work, taking long vacations and working less than 20 hours a week.

The business is doing 95% commercial work and only takes on a few big residential projects, making up the other 5% of their work.

Serving Manhattan, the other boroughs, and Westchester, the company has built a stellar reputation.

Despite its success, the business has untapped growth potential as it operates with an owner that works less than 20 hours a week and without any website, advertising or marketing initiatives, relying solely on word of mouth. This makes it a sleeping giant with substantial opportunities for expansion.

The company enjoys a secure and diverse client base, including gym networks, large real estate management firms, office buildings, and shopping centers.

The current owner is committed to the success of a new owner and is flexible with what a transition process could look like.

For more details, please reference listing number 15649 when inquiring about this unique opportunity.

Property Information

Real Estate:

Lease

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$300,000 - included in the asking price